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Your company is installing a new piece of machining equipment and a robotic arm. Your manager asks for the project costs by cost category as well as the total amount. Given the following information, develop a base cost estimate by grouping costs by Equipment / Material (items 1 – 4), Installation / Labor (items 5 and 6), and Overhead (items 7-9). 1. Two pieces of equipment costing $ 15,000 and $ 35,000 2. Material required for electrical hook-up is 400 feet at $ 25 per foot 3. Controls for each piece of equipment are estimated at $ 600 each4. Required start-up material is 3,700 pounds at $ 2.70 per pound 5. Company labor for installation requires two maintenance specialists for two days at eight hours per day and $ 35 per hour 6. Contract labor is estimated at a fixed price of $ 7,500 7. Engineering is estimated to be 15% of (equipment / material) cost based on past experience 8. Inspection is estimated to be 3% of (labor) cost based on past experience 9. General and Administrative expenses are estimated to be 5% of the total of (equipment / material) and (labor) based on past experience.Note: For this problem, only items 5 and 6 are considered "labor" for the purpose of calculating items 8 and 9.Check answer: Total project cost = $94,737.60
What are the basic elements of China's "socialist market economy," and how do they differ from those of the liberal and coordinated market economies (LMEs and CMEs)?
I know managing a business is different than human services agency. The only thing I know though is human services agency deals more with feelings and business deals with people on another level.
Mr Ward is a 71 year old male who is admitted to your ward after reporting to his local GP that he has been feeling a non-radiating, -heavy- discomfort in the lower retrosternal and epigastric region particularly when he bends over or walks short dis..
How did various visions of a reconstructed south differ? how did these visions reflect the old political and social divisions that had led to the civil war.
Based on your experience in the field of counseling or other professional arena, Can you identify and discuss three specific legal issues that are associated with the provision of counseling services to children and adolescents.
Distinguish between a Case study and Survey research design and illustrate your answer with one appropriate research topic for each design Explain the strengths and weaknesses of each design
Choose one of the six basic emotions (remember the 6 are: surprise, anger, fear, disgust, sadness, and happiness) and describe it from a biological, psychological and environmental perspective.
what is the norminal demension of a standard brick? If one unit of board measure (BM) is equivalent to a 1-foot lengh of a _____board.?
Describe the concept of Drittwirkung.
Researchers have found that "baby talk" by parents _________________.
Estimate the steady state PM10 concentration assuming a PM10 deposition velocity of 0.12 cm/s, prevailing wind velocity of 2.5 m/s, and a constant emission flux of PM10 0.82 mg/m2-s.
Identify a community organization or business that you could contact with which to build an educational partnership and why this might work.
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